207 billion SHIB tokens vanished from exchanges faster than my dignity after tequila-largest escape in months. 🏃♂️💨
- 207 billion SHIB tokens ghosted exchanges-biggest breakup since my ex blocked me.
- SHIB’s price stayed chill, like a cucumber in a spa, thanks to weak market vibes and technical resistance (aka, the friendzone).
- Investors are just sitting there, holding their tokens like awkward party guests waiting for Shiba Inu to announce something-anything-interesting.
Shiba Inu (SHIB) pulled off a dramatic exit-207 billion tokens left exchanges in 24 hours, according to CryptoQuant. That’s more dramatic than my last group chat argument. 📉🔥
121 billion SHIB tokens dipped on November 15, then kept running on November 16 like they forgot their wallet at the bar.
But surprise! The mass exodus did exactly nothing to SHIB’s price because, well, the market’s been napping. The token was chilling at support levels, RSI at a sleepy 39, and all major moving averages hovering above like judgmental relatives.
The RSI at 39 basically whispered, “Market momentum? Never heard of her.” Trading activity flatlined because investors decided to HODL like their lives depended on it-or maybe they just forgot their passwords.
Analysts say SHIB needs to break free from its current support levels to even think about testing resistance. But right now? It’s stuck below resistance like a cat who got itself stuck in a tree again.
Exchange withdrawals and price movements? Zero correlation. Like my dating life and logic. Sellers are now facing a supply drought because everyone’s hoarding tokens like toilet paper in 2020.
This isn’t a distribution pattern-tokens usually flood exchanges before selling. But history says prolonged withdrawals can flip trends. So… maybe SHIB’s plotting a comeback? Or just napping. Hard to say.
Shiba Inu’s current value? 90% below its peak. So, basically, it’s been through more ups and downs than my last relationship. November’s been a rollercoaster-hold onto your hats (and your tokens).
The Shiba Inu team keeps teasing “upcoming projects” with the enthusiasm of a vague Instagram influencer. Meanwhile, investors are just… there. Neutral. Like a Switzerland of crypto. 🇨🇭
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2025-11-17 12:19